De Minimis Imports Sample Clauses
The De Minimis Imports clause sets a threshold below which imported goods are exempt from certain duties, taxes, or regulatory requirements. Typically, this means that shipments valued under a specified amount can enter a country without incurring customs fees or extensive documentation, streamlining the import process for low-value goods. This clause primarily facilitates trade efficiency for small shipments, reduces administrative burdens, and encourages cross-border commerce by minimizing costs and delays for minor imports.
De Minimis Imports. Members may exclude from the application of the above provisions small quantities of goods of a non-commercial nature contained in travellers' personal luggage or sent in small consignments.
De Minimis Imports. Contracting parties may exclude the application of the above provisions to small quantities of goods of a non- commercial nature contained in travellers' personal luggage or sent in small consignments.